ATAR (Avatar Ventures) Total Current Assets: $0.07 Mil (As of Apr. 2012)


What is Avatar Ventures Total Current Assets?

Avatar Ventures ATAR -99.00% Total Current Assets is $0.07 Mil as of Apr. 2012.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avatar Ventures's total current assets for the quarter that ended in Apr. 2012 was $0.07 Mil.

Avatar Ventures  (OTCPK:ATAR) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Avatar Ventures's Liquidation Value for the quarter that ended in Apr. 2012 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0.061+0.75 * 0+0.5 * 0
=-0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avatar Ventures Total Current Assets Related Terms

Avatar Ventures Total Current Assets Historical Data

* Premium members only.

The historical data trend for Avatar Ventures's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avatar Ventures Total Current Assets Chart

Avatar Ventures Annual Data
Trend Jul08 Jul09 Jul10 Jul11
Total Current Assets
0.00 0.00 0.00 0.29

Avatar Ventures Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.29 0.18 0.13 0.07

Avatar Ventures Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Avatar Ventures's Total Current Assets for the fiscal year that ended in Jul. 2011 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.218+0.07+0+-5.5511151231258E-17
=0.29

Avatar Ventures's Total Current Assets for the quarter that ended in Apr. 2012 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0.07+0+0
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $0.07 Mil mean?
Avatar Ventures (ATAR) has a Total Current Assets of $0.07 Mil as of Apr. 2012. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Avatar Ventures and its competitors.
Is Avatar Ventures' Total Current Assets too high?
Avatar Ventures' current Total Current Assets is $0.07 Mil.
How does Avatar Ventures' Total Current Assets compare to PFTI and OMTK?
Avatar Ventures' Total Current Assets of $0.07 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Vehicles & Parts company?
A good Total Current Assets depends on the Vehicles & Parts industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Avatar Ventures and its competitors. Avatar Ventures's current Total Current Assets is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avatar Ventures stock overvalued right now?
Avatar Ventures (ATAR) has a current Total Current Assets of $0.07 Mil. The current Total Current Assets is $0.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Avatar Ventures (ATAR), the current Total Current Assets is $0.07 Mil as of Apr. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avatar Ventures Business Description

Address 27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691
Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.